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20130216
20130224
Search Results 0 to 5 of about 6 (some duplicates have been removed)
on the local economy. positive effects in terms of lower training costs and turnover and less lost time at work and dedicated employees, so small businesses, mid size and large businesses benefit from in, as well as local government because they don't have as many people relying on social services. so, the data doesn't back that up. in fact, it's a positive thing he when we do it in a planful fashion to raise the minimum wage. >> on this issue, just like an economist. on the one hand, on the other hand, there are studies on both sides. but jonas there is an argument that higher minimum wages reducing turnover, which lessens the costs of employers and could incase employments. >> you would never leave the job if you could get it, it's a pretty good wage. negatives and benefits. both sides of kind of right. if the minimum wage is low $2, it wouldn't disrupt the job market. if it's $50, high unemployment, but a-- there's obviously a level between there where the negatives would exceed the positives. there are positives, workers would get more money under the plan and not outsourced to china. you n
? the fear is there. of course we need cuts, you need it in stages. you don't do it when the economy is fragile. you do it when the recovery is stronger. and these across the board cuts, bad news. >> and tobin, i wouldn't call them cuts, they're trims, and to hear the white house, i'm afraid to go out of the house, should we be scared of this? >> obviously, the economy is scared of something else and scared of it turning to 26 trillion dollars in a 15 trillion dollars economy, in other words, we would in fact be great. the 85 billion, of course, doesn't account for the 50 or 60 billion, and if you add that back in. this is literally what the government spends, remember, the government spends 4 billion a day and this is actually, to carry this, this is about, you know, maybe ten days of total spending all in. no, it's not a big deal, it's total semantics. >> we've got selling on this show, gary b. shouldn't we be hitting the panic button? >> absolutely not. we should be hitting the panic button if we d because there's a few head scratchers here, i know that jehmu is worried about this
Search Results 0 to 5 of about 6 (some duplicates have been removed)